LONDON AND MOSCOW, Octoer 12 2009 – BGC Partners, Inc. (Nasdaq: BGCP), one of the world’s leading inter-dealer brokers, announced today that it plans to open a new office in Moscow which will be located at Smolenskya. The new office, which will provide brokerage services to clients based locally as well as internationally, is set to open in November 2009.
Shaun Lynn, President, BGC Partners said: “BGC Partners is a firm focused on international growth. The opening of our new office in Moscow is an important part of our business strategy and amplifies our commitment to the Russian market. We look forward to growing and strengthening our presence in this important area.”
Notes to Editors
About BGC Partners, Inc
BGC Partners, Inc. (Nasdaq: BGCP) is a leading global intermediary to the wholesale financial markets, specializing in the brokering of a broad range of financial instruments. BGC’s proprietary technology operates multiple real-time electronic marketplaces for the world’s capital markets. Its customers include many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments and investment firms. Named after financial markets innovator B. Gerald Cantor, BGC has 18 offices worldwide. For more information, visithttps://bgcpartnersprd.wpengine.com.
For further information:
Media
Europe & Asia
Florencia Panizza, +1 212 294 7938
fpanizza@bgcpartners.com
Investors
Jason McGruder, +1 212 829 4988
jmcgruder@bgcpartners.com
Discussion of Forward-Looking Statements by BGC Partners
Statements in this press release regarding BGC Partners’ business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC Partners’ Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors set forth in our public filings which we incorporate by reference, including our Form 10-K for the year ended December 31, 2008, as filed with the SEC on March 16, 2009 and any updates to such risk factors contained in subsequent 10-Q filings.